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20110701
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
. >> the largest possible deal. >>chris: the president wants to go big so why are the numbers going down? welcome, everyone, i am here for neil cavuto in "your world." a new round of debt talks get under way at the white house but it is not all smiles. because the president's listen is not looking so grand. we have gone from talk of $2 trillion in cuts to $1.7 trillion and now closer to $1.5 trillion. and there is in guarantee that money won't go lower as the talks drag on. utah republican senator lee thinks we need to go back but $1.5 trillion in cuts spread out over ten years is that going big? >>guest: no, in the big at all. i am not sure it is going anywhere. one congress cannot bind another congress. so no matter how big the cuts are, if they are stretched out over 10 years and not accompanied by a constitutional amendment we have no guarantee they will be followed. >>chris: do you get a sense both sides are trying to get a deal and making it small enough to be palatable because the democrats and the administration will not make a big deal without tax increases, so both will take small incre
that is not the whole story? >>guest: you are right. people forget, and i forgot that obamacare, the big health care reform bill had half a trillion of new taxes over the next 10 years including tax on health insurance companies on investment income and hospitals and pharmacy companies and on employers so it is a major tax increase, the biggest ever in the last 25 years. people forgot about it so when democrats say to make it balances we need a tax increase, what we wrote today, didn't you just pass a big tax increase last year? you want $1 trillion increase on top of that? >> and so many of the tax increases do not come online until years down the road, so, although it was passed, and you think you may not have been slapped with it yet, in 2013 and 2015 and 2018 you will be. >>guest: gentleman that is why people for got. they did not take place until 20 thin or 2014 and some in 2018 for the health care plan. the question we have to ask, then, can the economy really get out of the rut with 9.2 percent unemployment and 14 million unemployed with $500 billion tax increase already in the works and, the
with you. senator johnson from wisconsin. debt talks breakdown and will big ben step up with the big cash? bernanke suggesting he is ready for pump more stimulus into the economy if needed and that had stocks soaring early in the day and the dow jones industrial average having trouble holding on to the gains finishing up just 45 points. the fox business network is keeping track of it all. we lost all the gains we had early in the day. >>guest: but investors will take what they can get because there we saw the sell off later if the session we did post gains and that snapped a three day losing streak for the stock market. so, the dow finishing up with a small gain and the s&p with a 4 point game and at 10:00 a.m., bernanke sat down before congress and in his testimony heed laid out the open door for a possible qe3, the government bond buying program which is looked at as stimulus for the markets and off to the races and the market, as you said, rallied 150 points early in the session, but, this is still a lot of concern about the debt crisis going on overseas and it was another downgrade
with that. if you have somebody applying games on their taxes we all have a stake in this. we all have a big stake in america succeeding. so i believe we should have a more equal, fair tax system. but i can tell you, to vilify a group of people and to say to the jet owners if we continue to give you tax breaks we will take money out of granny's social security check that is a false choice like raising the debt ceiling. the research counsel, a bipartisan group, has said we will not default on our debt, we have enough money to pay social security, medicare, medicaid, government contractors and the military, current military people, and veterans, and still have $7 billion left over after august 2nd. so let's stop with the false choices and get on with the real business. >> there is a bifurcated thought process on what will happen on august 2nd. always good to chat with you, craig. craig smith, thank you. and now, the sunday she down, the job numbers give republicans more am fission to -- more ammunition to fight off tax fight discussions. i guess it depends on who you ask? >>governor huckabee:
: unless i put a big fat canoli in front of you. >>neil: the idea is we have to get jobs going, and you talk about what is making your life difficult, regulation and price of oil and gasoline which prohibits people from buying bakery products but this must not be encouraging. >> it is more lip service to the public. it is nothing but a constant game of, what can we say to cover our butts? there is no fact. it is all fiction. these people can suddenly say if we don't get this done we will go into the worst depression we have ever seen. but, see you later because i have to have hotdogs and beer this weekend. i got a bakery to run and when your producer so-called, in st. louis the heat index is 105 and i'm on the roof doing tar flashing and thinking, well, are they stretched back on the first-class seat on the way home or maybe riding in the personal airport that the president wants to tax everybody on, on their way home for the weekend because they needed to get there quick. it's more lip service. it shows, truly shows, truly how much our bigs get it and how much they care. i don't know h
the beginning. >> a big reason why ron paul wants to focus on his presidential bid announcing today he will not seek another term in the house of representatives. and now in the first television interview since that surprise announcement the g.o.p. candidate will be on sbn tonight at 6:00. you don't get it? demand it! she called it a death panel and now some democrats agree, the list of lawmakers against the cost control board is growing. could it spell death for the health care law? he reports and you be the judge. stay tuned. woman: saving for our child's college fund was getting expensive. man: yes it was. so to save some money, we taught our 5 year old how to dunk. woman: scholarship! woman: honey go get him. anncr: there's an easier way to save. get online. go to geico.com. get a quote. 15 minutes could save you 15% or more on car insurance. >> opposition growing not from republicans but from democrats over a controversial health care advisory board. at least eight democrats now want the independent board gone. it is a board the republicans call "a death panel." but the judge say
. and on the heels of the white house saying they were open to including entitlements. the big problem is each day we get a misinformation from both sides of the aisle. >>guest: that's why i said, and i have a radio show and i hear people saying we are not just demanding those things of this president. we demand these things of the republican side. this is what they have to understand. we're not stupid. the politicians in washington, dc, republican or democrat, need to get over thinking they can act like we're stupid. really solid reason could prevail to they let us in the conversations. i believe that. >> always good to that with you, thank you, gina. the president is open to cutting social security with the white house saying this is nothing new here. house minority leader cantor open to cutting tax loopholes. are you confused? you are not alone. from hill.com, bob, we were just talking, nancy pelosi is a perfect example and he is in the alone and it is not just the democrats. i always get news countering the news i got yesterday afternoon of where we stand and who is talking about what. >>guest: w
jones industrial average stock market especially the s&p stocks. these are the big boys on the block, the top 500. they issue dividends right now and the balance sheets look good and they are profitable and undervalued. that is good place to go. >>stuart: i heard going into the big name, big american-based multinational corporations, they are safe. but, if you put your money into a lost them over 10 years, you have gone nowhere and sometimes you have gone down. >>guest: well, of course, there is that element of risk. yet when you look at the companies right now they have already adjusted for the things in the marketplace right now. you are looking at emerging economies that could be slowing down. you are looking at the debt ceiling, the issues that are going on with that and you are looking at sovereign debt. and a lot of the big companies have already adjusted for that and so they are relatively cheap such as boeing and mcdonald's and caterpillar. >>stuart: you buy gold at $1,550 and big multicorporation stocks would you buy a bank cd and earn a miserable 1 percent and sleep safely?
, buddy. big money guys are begs these gives to get in. what does that say? will it be lights out when we plug in? ly. casey mears, driver of the number thirteen geico toyota camry. geico, saving people money on more than just car insurance. on a track that simulates the world's toughest roads. ♪ [ tires screeching ] ♪ if it can survive this drive... ♪ it can survive yours. the nissan altima. innovation that lasts. innovation for all. ♪ >>neil: an only podium in the house of representatives and the s&p, the credit rating agency that missed the financial meltdown a few years back, but that is just details, members of the s&p are meeting with at first what was to be republican members of the house of representatives but now citizenned to all republicans and i don't if that includes the senate, probably not, but they are going over what happens if the event of default and what is at risk. many argue that happens annually if the debt ceiling is not raised and others disagree. and freshman congresswoman put this together and will be my special guest at 6:00 p.m. to detail what happene
. is this a big worry? and now, my guest is joining me. can we get the unemployment rate by low 9 percent if gas is close to four bucks a gallon? >>guest: it will be tough. it makes it more expensive to business to run business when it comes to shipping businesses and the industrial machine of the united states, and, really, the global industrial machine so that is, really, tough, and a balancing act they have been trying to play and obama has been trying to play and they are not successful. >>stuart: is gas prices the mover to slowing the committee down? >>guest: there are so many movers, it is just one of the of -- movers and if you look at our economy, the unemployment is a big factor and housing, although we have better numbers they are not where they need to be, and there are a ton of factors but it does not help because the hard gins shrink and you can only subsidize the higher gas prices so long and they are passed on to the business owner and the consumer. >>stuart: this wasn't supposed to happen. we released oil from the strategic petroleum reserve and we are supposed to drive oil price
Search Results 0 to 12 of about 13 (some duplicates have been removed)